Law Firm News

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Law Firm News

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Steptoe & Johnson LLP

Alyssa Sloan Relocates to Steptoe & Johnson Martinsburg Office
Alyssa A. Sloan, Of Counsel to Steptoe & Johnson, has relocated her practice to the firm’s Martinsburg office. Sloan concentrates her practice in the representation and counseling of employers in workers’ compensation and related employment matters. Sloan graduated from West Virginia University College of Law in 1996, where she chaired the Ethics Committee. She graduated from West Virginia University in 1993, with a Bachelor of Arts degree in Political Science and minors in Sociology and History.

Sloan is a member of the Worker's Compensation Committee of the Defense Trial Counsel of West Virginia and serves on the WVU Department of Political Science Advisory Board. She also participates in the Read Aloud Program in Berkeley County and has recently been appointed to the Board of CASA of the Eastern Panhandle.

Prior to her employment with Steptoe & Johnson, Sloan clerked for the Honorable Margaret L. Workman, Justice of the West Virginia Supreme Court of Appeals and the Honorable Alan D. Moats, Circuit Judge, 19th Judicial Circuit.

05-09-2007

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Poyner & Spruill, L.L.P.

Poyner & Spruill's Brad Davis Elected President of Triangle Chapter of ARMA
Bradlee W. Davis, Records Manager for Poyner & Spruill LLP, was elected President of the Triangle Chapter of The Association of Records Managers and Administrators, Inc. (ARMA). Brad has been an active member of the organization since 2003, serving on the Board as Secretary and Treasurer.

The Association of Records Managers and Administrators, Inc. (ARMA) is an International non-profit professional organization and the authority on managing records and information - paper and electronic. The Triangle chapter of ARMA is comprised of approximately 60 members from various professions including legal, healthcare, utilities and state government.

“ARMA has proven itself as a wonderful networking outlet in the profession of Records and Information Management. I have made numerous friends and business contacts through my affiliation and look forward to serving as the Triangle Chapter President to give back to an organization that has already given me so much,” says Davis.

Davis graduated magna cum laude from Winthrop University in 1999.

05-09-2007

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Phillips Lytle, L.L.P.

PHILLIPS LYTLE LLP PARTNER CHRISTOPHER G. DORMAN ELECTED TO ASSOCIATION OF COMMERCIAL FINANCE ATTORNEYS EXECUTIVE BOARD
Christopher G. Dorman, a Partner with Phillips Lytle LLP, a full service law firm with statewide coverage, has been elected to a two-year term on the executive board of the Association of Commercial Finance Attorneys (ACFA) effective June 2007.

ACFA consists of attorneys in private practice and with corporations whose areas of practice emphasize matters of factoring, asset-based lending, bankruptcy and creditor problems in general. The Association currently has over three hundred fifty active members, representing more than twenty states and two foreign countries.

At Phillips Lytle, Mr. Dorman concentrates his practice in the area of banking and commercial law. A member of the American and New York State Bar Associations, he received his J.D. from St. John’s University School of Law, a M.A. from Columbia University and his B.A. from St. John’s University. Mr. Dorman is also a member of the New York County Lawyers Association and The Law Society of England and Wales. In addition, he serves as an adjunct assistant professor of banking at New York University, School of Continuing Professional Studies.

05-09-2007

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Harter Secrest & Emery LLP

John Elmore Tells Buffalo Students to Stay in School
John Elmore joined a notable group of Buffalo public figures to address area high school students on the importance of staying on the right side of the law. The state court system’s local Committee to Promote Public Trust and Confidence in the Court sponsored the event, which featured Buffalo Mayor Byron W. Brown, Police Commissioner H. McCarthy Gipson, District Attorney Frank J. Clark, State Supreme Court Justice Penny M. Wolfgang, and federal prosecutor William Hochul.

Speakers noted the life changing effects of criminal violence and illustrated the harsh reality of jail time in an effort to steer students clear of the wrong side of the legal system.

05-09-2007

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Goodkind, Labaton, Rudoff & Sucharow, L.L.P.

Labaton Sucharow & Rudoff LLP Files Class Action Lawsuit Against Accredited Home Lenders Holding Co. With Extended Class Period.
Labaton Sucharow & Rudoff LLP filed a class action lawsuit on May 9, 2007 in the United States District Court for the Southern District of California, on behalf of persons who purchased or otherwise acquired publicly traded securities of Accredited Home Lenders Holding Co. (“Accredited” or the “Company”) (NASDAQ: LEND) between January 28, 2004 and March 12, 2007, inclusive, (the “Class Period”). This represents an expansion of the Class Period in previously filed complaints. The lawsuit was filed against Accredited and James A. Konrath, Joseph J. Lydon, Stuart D. Marvin, John S. Buchanan, David E. Hertzel and Jeffrey W. Crawford (“Defendants”).

If you are a member of this class you can view a copy of the complaint and join this class action online at http://www.labaton.com/get/?case=.

The complaint alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. In particular, the complaint alleges that the Company’s representations made during the Class Period were materially false and misleading when they were made because they failed to disclose that: (1) Accredited did not make higher quality, lower risk loans than its peers, and Defendants’ statements to the contrary misled investors and understated the risk facing the Company and investors; (2) the Company misled the market about its underwriting processes; (3) the Company routinely disregarded internal underwriting guidelines; and (4) The Company’s apparent success was attributable in material part to its unsustainable practice of granting loans that were far riskier than Defendants had led the market to believe.

On February 14, 2007, Accredited reported its financial and operating results for the fourth quarter and year ended December 31, 2006, indicating that it had continued to strengthen its reserve balances, increasing total reserves by $42 million for the quarter. On March 12, 2007, Accredited announced that its cash resources had effectively been depleted and that it was forced to pay approximately $190 million in margin calls since January 1, 2007. The Company further revealed that it was forced to seek financial waivers and extensions of the covenants it made with its financial lenders. Shares of Accredited declined $7.43 per share, or 65%, to close on March 13, 2007 at $3.97 per share.

Plaintiff is represented by the law firm of Labaton Sucharow & Rudoff LLP. Labaton Sucharow is one of the country’s premier national law firms that represent individual and institutional investors in class action, complex securities and corporate governance litigation. The firm has been a champion of investor rights for over 40 years and has been recognized for its reputation for excellence by the courts.

05-09-2007

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Certilman, Balin, Adler & Hyman, LLP

Stephen J. Silverberg Elected Vice President of the National Academy of Elder Law Attorneys
Stephen J. Silverberg, Partner in the Trusts and Estates and Elder Law Practice Groups at Certilman Balin, was sworn in as Vice President of the National Academy of Elder Law Attorneys ("NAELA")at that association’s annual symposium, which was held in Cleveland, Ohio. He was also awarded the New York Chapter of NAELA's Outstanding Member Award for 2007.

Mr. Silverberg is a nationally known estate and elder law attorney who addresses conferences throughout the country on complex tax and elder law issues. He has lectured and published extensively. He earned a Bachelor of Arts from Hartwick College in 1973 and a Juris Doctor from Brooklyn Law School in 1977. He is admitted to practice in New York and Florida.

The National Academy of Elder Law Attorneys, Inc. is a non-profit association that assists lawyers, bar organizations and others who work with older clients and their families. Established in 1987, the Academy provides a resource of information, education, networking and assistance to those who deal with the many specialized issues involved with legal services to the elderly and people with special needs. The mission of the National Academy of Elder Law Attorneys is to establish NAELA members as the premier providers of legal advocacy, guidance and services to enhance the lives of people with special needs and people as they age.

05-09-2007

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Smith, Gambrell & Russell, LLP

SGR ANNOUNCES PATENT PROTECTION BREAKFAST BRIEFING
Smith, Gambrell & Russell, LLP is hosting a late breaking news breakfast briefing, Patent Protection: Redefining the Obvious, on Thursday, May 24. SGR attorneys Jeff Veal and Dale Lischer will be discussing the April 30 Supreme Court decision that rejected the standard used by the Federal Circuit Court of Appeals in all patent cases to decide whether an invention meets the statutory test of non-obviousness.

Topics include:

* The ruling in the context of patent protection law
* The content of the ruling
* The impact on obtaining and litigating patents

Patent Protection: Redefining the Obvious will be held at the Four Seasons Atlanta.

05-09-2007

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